W. R. Berkley Corporation Increases Share Repurchase Authorization

Group 1 - W. R. Berkley Corporation has increased its share repurchase authorization to 25 million shares of common stock [1] - The company's strategy focuses on delivering value to shareholders by building book value and returning excess capital through various methods [1] - Share repurchases may occur at prevailing market prices or through privately negotiated transactions, depending on market conditions [1] Group 2 - W. R. Berkley Corporation, founded in 1967, is one of the largest commercial lines writers in the United States [2] - The company operates in two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess [2] - Additional information about W. R. Berkley Corporation can be found on its website [2]